CME To Launch XRP, SOL Futures Trading on Feb. 10 If Approved

Futures trading for Ripple XRP and Solana (SOL) will go live on the Chicago Mercantile Exchange (CME) on February 10, pending regulatory approval. A staging subdomain of the CME Group’s main website revealed the development on Wednesday. “Trade regulated, capital-efficient futures on two leading cryptocurrencies with new SOL and XRP futures, launching February 10,” the CME Group’s staging website says.

Bloomberg ETF analyst James Seyffart commented on the CME subdomain revealing this development in a post to X. “Assuming “beta.cmegroup” is actually a beta/test version of the actual CMEGroup website — looks like CME is expecting to launch SOL & XRP futures on Feb 10. But this isn’t available on the actual website yet. Honestly makes sense and largely to be expected if true [in my opinion].” The possible draft of the CME announcement from the subdomain also reads: “Available in both standard and micro-sized contracts, these contracts allow you to scale your exposure and manage risk with greater precision and flexibility.”

Additionally, these monthly, financially-settled futures will be available in two contract sizes so traders can scale exposure with greater precision and flexibility, the site said. The new futures contracts will have BTIC and block functionality available at launch.

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XRP and Solana Futures To Launch This Year?

Ripple’s XRP and Solana SOL are two of the leading contenders to receive ETF approval in 2025. Both altcoins have surged in value to open the year, with institutions predicting their ETFs to come in 2025. Last year, Standard Chartered’s Geoffrey Kendrick said SOL and XRP ETFs might secure approval this year. This week, JPMorgan analysts projected that these ETFs could attract up to $13.6 billion in new investments 12 months if approved.

“We see a Solana futures ETF on market as early as mid-March. But.. knowing spot coming soon how much demand would there be. I guess we’ll find out,” Bloomberg ETF analyst Eric Balchunas says.

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Per Polymarket, XRP ETFs have a 71% chance of gaining approval in 2025. However, Solana ETFs might get delayed till 2026, as pending lawsuits on SOL may take a while to clear up. It will take plenty of clearances for the SOL ETF to launch near the same time as XRP.

Both assets are up in the past week. SOL recently breached a new ATH and sits at $271.04. XRP, meanwhile is inching closer to its ATH of $3.84, just 15% below that mark.